These are:
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Edge Services – Gateway protection, incorporating current IMF technology
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Outlook auto setup of profiles
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Redesigned ESM UI
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Scripting for all ESM components
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Continuous Backup – Replicate changes to another database
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Improved search functionality
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Web Services API
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OMA will be removed (probably because of the wide adoption of ActiveSync)
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Policy compliance – verify client configuration
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Enhanced mobile device
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Access Sharepoint and other application through OWA
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Unified messaging - voice mail and faxes in your mailbox
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Improved Calendaring functionality
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64-Bit version
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Conformance to the WS System Common Engineering criteria – this means all Microsoft Server products will start to look the same and get the same kind of updates based on MSI 3.0
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Increased store size limit for Exchange standard edition